Every Form 4 that Kaival Brnds Innovatns Grp Inc (KAVL) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow KAVL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KAVL filings page.
Kaival Brands Innovations Group, Inc. CFO Eric Morris reported new equity compensation awards. He received a restricted stock award covering 3,000,000 shares of common stock, with 600,000 shares vesting immediately and 2,400,000 vesting in 200,000-share quarterly installments over the next 12 fiscal quarters, subject to continued service.
He was also granted a non-qualified stock option for 3,000,000 shares of common stock at an exercise price of $0.0152 per share, expiring on March 31, 2036. Of these options, 600,000 vested immediately and 2,400,000 will vest in equal 200,000-option quarterly installments over 12 fiscal quarters, subject to continued service. Following the award, he directly holds 3,006,020 shares of common stock and 3,000,000 stock options.
Kaival Brands Innovations Group CEO Eric Mosser received significant equity compensation grants. He was awarded a restricted stock award for 3,000,000 shares of common stock, with 600,000 shares vesting immediately and 2,400,000 vesting in 200,000-share installments each fiscal quarter over the next 12 quarters, subject to continued service.
He also received a non-qualified stock option to purchase 3,000,000 shares at an exercise price of $0.0152 per share, with 600,000 options vesting immediately and the remaining 2,400,000 vesting in equal quarterly installments over the next 12 quarters. In addition, he was granted a non-qualified stock option for 586,060 shares at $0.0152 per share, with 25% vesting immediately and 75% vesting in quarterly installments over the next three fiscal quarters, all under the Amended and Restated 2020 Stock and Incentive Compensation Plan.
Kaival Brands Innovations Group director Mark L. Thoenes received a grant of stock options as equity compensation. He was awarded options to buy 500,000 shares of common stock at an exercise price of $0.0152 per share, expiring on March 31, 2036.
The options were granted under the company’s Amended and Restated 2020 Stock and Incentive Compensation Plan. They vest in four equal quarterly installments of 125,000 options at the end of each fiscal quarter over the next four quarters, subject to his continued service with the company.